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XOM

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XOM

Re: BetweenUnemployment post# 230615

Wednesday, 08/18/2010 3:22:30 PM

Wednesday, August 18, 2010 3:22:30 PM

Post# of 749756
The P&A does not control the Bankruptcy case. Neither does the FDIC's authority under FIRREA. So to the extent you may feel entirely familiar with post-acquisition settlement procedures, the value of litigation claims can significantly affect the FDIC's adjustment of the WaMu sale - hardly non-sequitur.

And your belief that everything relevant to the sale of WaMu is spelled out in the P&A, well then, find us Schedule 3.1a.

GLTA


Disclaimer: I am not here to convince anyone. I am post, and a long, with a vested interest in this case toward a beneficial outcome. If I thought WAMUQ would be cancelled, or dwell on the possibilities of a negative outcome for shareholders, I would have sold long ago and went on a cruise or fishing expedition.

While the wicked stand confounded, call me with thy saints surrounded

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